Social Security Special Rules: What Kind of Work is Relevant?

One of the safety nets that people have when experiencing a disability is Social Security Disability Insurance (SSDI). There are several factors that will play a role in determining not only whether or not someone receives benefits but also to what extent these benefits are provided. (Click for details.) One of these has to do […]

Need-Based Benefits are Available: SSI

For people who are in need of some additional income to help keep their family and children sheltered and fed, there are benefits available that they could qualify for. One example is called Supplemental Security Income, also known as SSI. This is a need-based benefit and there are a number of criteria that people could […]

Social Security Benefits Set to Increase in 2018

If you receive Social Security Disability and Supplemental Security Income benefits, here’s some good news. The Social Security Administration has announced these benefits will increase by 2% for the annual Cost-of-Living Adjustment (COLA) for 2018. This means that more than 66 million Americans will have some extra money in their pockets. This year’s increase is […]

If I rent a room in my home, will it affect my SSI benefits?

The answer to this question depends on whether you rent or own the property. If you are a renter, and a roommate pays part of the rent, that is considered income for the landlord and should not affect your benefits.  However, it is prudent to add a roommate to the lease to avoid problems with […]

How are Disability Benefits from Social Security Calculated?

Unfortunately, some people are injured and have a premature end to their career. They rely on this income to keep themselves and their family afloat; however, this income disappears if they stop working. Fortunately, there are Social Security Disability benefits available. When people have worked for a significant number of years, they build up credits […]

Wait Time for Social Security Disability Benefits

When you apply for disability benefits, you must choose a date that you became disabled. This date is called an alleged onset date. The date is not simply the first time you felt you couldn’t work, or the first time you received a certain diagnosis, though sometimes these can correspond with your alleged onset date. […]

Self Employment Income: The Return to Work Test

While the first two tests are the ones that are used most when determining whether or not someone is entitled to receive benefits, there is also a third test that is used to apply to people who are thinking about starting a business or returning to work more than 24 years after they first started […]

FICA Taxes

Fica is a federal payroll tax that is taken out of your paycheck and is used to pay for Social Security and Medicare programs which provide benefits for retirees, disabled persons and survivors. 6.2 % of your gross wages go to Social Security and 1.45% goes to Medicare. Your employer matches this amount for a […]